St on supply of mechanics to a state owned transport corp.
This query is : Resolved
11 April 2014
service tax on supply of mechanics to a state owned Public transport corp.(incorporated under a state Act) on contract basis charging fee on a monthly basis per person.
1)whether service tax is exempted on such service?
2) if service tax is applicable, whether reverse charge mechanism is applicable for this contract? is it compulsory to apply reverse charge mechanism or can we charge Service tax at normal rates?
3) whether any abatement is available for this service?
4) whether service tax is to be charged on whole amount (salary+pf+esi+margin)?
1)whether service tax is exempted on such service?
2) if service tax is applicable, whether reverse charge mechanism is applicable for this contract? is it compulsory to apply reverse charge mechanism or can we charge Service tax at normal rates?
3) whether any abatement is available for this service?
4) whether service tax is to be charged on whole amount (salary+pf+esi+margin)?
12 April 2014
As per my view its a case of supply of manpower.Please Note:
1)Service Tax is payable as supply of manpower to a State owned Public transport is neither specified in Negative List under Section 66D nor specified in Mega Exemption Notification 26/2012 .
2)Reverse charge mechanism shall apply if the
service provider is a individual,HUF,Firm or AOP and the service receiver is a Body Corporate.It is compulsory to pay service tax under reverse charge if reverse charge is applicable.
3)There is no abatement.service tax shall be paid @ 12.36%
4)Service tax shall be paid on gross amount inclusive of (salary+Pf+esi+margin)
1)Service Tax is payable as supply of manpower to a State owned Public transport is neither specified in Negative List under Section 66D nor specified in Mega Exemption Notification 26/2012 .
2)Reverse charge mechanism shall apply if the
service provider is a individual,HUF,Firm or AOP and the service receiver is a Body Corporate.It is compulsory to pay service tax under reverse charge if reverse charge is applicable.
3)There is no abatement.service tax shall be paid @ 12.36%
4)Service tax shall be paid on gross amount inclusive of (salary+Pf+esi+margin)
12 April 2014
thank you for your suggestion
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
